MathCastle
StatisticsChallengeBinomial and Geometric

Binomial and Geometric · Challenge problem

The airline in the earlier setting sells 400400 tickets, each holder showing up with probability 0.90.9. It wants the probability of overbooking to be below 0.010.01. Using the normal approximation with continuity correction and z=2.326z = 2.326 for the top 1%1\%, what is the fewest seats the plane can have?